Drivers pull their vehicles in and out of a gas station in La Puente, California, on August 7, 2026. The US unexpectedly lost thousands of jobs in July, government data showed on August 7, a blow to President Donald Trump's claims of leading an economic revival as his Republican Party gears up for crucial midterm elections. The unemployment rate ticked down to 4.1 percent, likely a result of falling labor supply as the US economy grapples with an aging population and lower net migration. Since taking office for his second term, Trump has unleashed a spate of policies aimed at reviving domestic manufacturing and curbing surging inflation. (Photo by Frederic J. BROWN / AFP via Getty Images)